XTEND and JFB Construction Holdings Announce $1.5B All-Stock Merger to Create Nasdaq-Listed XTEND AI Robotics
February 19, 2026
XTEND and Nasdaq-listed JFB Construction Holdings entered into a definitive all-stock business combination valued at an implied $1.5 billion. The combined company is expected to be renamed XTEND AI Robotics and listed on Nasdaq under the ticker XTND, combining XTEND’s AI-driven autonomous robotics platform with JFB’s U.S. construction and infrastructure capabilities.
- Buyers
- JFB Construction Holdings, XTEND AI Robotics (expected renamed combined company)
- Targets
- XTEND, JFB Construction Holdings
- Industry
- AI & Machine Learning
- Location
- Florida, United States
- Transaction Type
- Buyout
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